National News

Jun 12, 2013 9:58 AM by ASSOCIATED PRESS

Stock indexes open higher on Wall Street


NEW YORK (AP) - The stock market is getting off to a strong start after two days of losses.

Markets have become more volatile in the past two weeks as global central banks prepare to ease back on their economic stimulus policies.

The Dow Jones industrial average was up 57 points at 15,180 in the early minutes of trading Wednesday, a gain of 0.4 percent. The Dow lost 116 points the day before after a choppy day of trading.

The Standard & Poor's 500 index rose seven points to 1,633, a gain of 0.5 percent. The Nasdaq composite rose 12 points to 3,449, an increase of 0.4 percent.

Cooper Tire & Rubber jumped $10, or 41 percent, to $34.62 after Apollo Tyres of India agreed to buy the company for $2.2 billion.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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